Month: October 2024
Uber CEO Dara Khosrowshahi on Q3 results: Incredibly optimistic about where we’re going from here
Uber CEO Dara Khosrowshahi joins ‘Squawk Box’ to discuss the company’s quarterly earnings results, the company’s delivery business, interest in Expedia, M&A strategy, autonomous strategy, and more. Source
Read More
Franklin Templeton CEO says focus is on ‘doing what’s right’ for clients amid SEC probe
Jenny Johnson, Franklin Templeton President & CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023. Adam Jeffery | CNBC RIYADH — Franklin Templeton CEO Jenny Johnson said the firm is focused on doing right by its clients, in her first public comments after the company saw its worst quarter for financial […]
Read More
Comcast tops earnings estimates as Olympics propels the company
Comcast beat third-quarter earning expectations on Thursday, as the Summer Olympics in Paris boosted NBCUniversal’s revenue and Peacock’s subscriber count. Shares of Comcast gained 6% in premarket trading Thursday. Here is how Comcast performed, compared with estimates from analysts surveyed by LSEG: Here is how Comcast is expected to perform, according to estimates from analysts […]
Read More
Bristol Myers Squibb tops earnings estimates and hikes outlook, helped by Eliquis and new drugs
The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, US, on Wednesday, Dec. 27, 2023. Adam Glanzman | Bloomberg | Getty Images Bristol Myers Squibb on Thursday reported third-quarter earnings and revenue that blew past Wall Street’s expectations thanks to its blockbuster blood thinner Eliquis and a portfolio of drugs […]
Read More
Uber reports third-quarter results that beat Wall Street’s revenue expectations
Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco on Sept. 26, 2019. Philip Pacheco | AFP via Getty Images Uber reported third-quarter results on Thursday that beat Wall Street’s expectations for revenue but missed on analysts’ projections for gross bookings. Shares of the company were down more than 5% pre-market […]
Read More
Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut
Line-up of pumpkins in the Netherlands, on Oct. 27, 2024. Nurphoto | Nurphoto | Getty Images Inflation in the 20-nation euro zone rose to 2% in October, preliminary figures released by statistics agency Eurostat showed Thursday. Economists polled by Reuters had forecast a headline figure of 1.9%. The September headline reading was revised down to […]
Read More
Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall
The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024. Spencer Platt | Getty Images Merck on Thursday reported third-quarter revenue and adjusted earnings that topped expectations as the company saw strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its animal health business. But […]
Read More
European markets open lower ahead of euro zone inflation data; Societe Generale jumps 8%
Traders sit in front of trading screens at ETX Capital in central London on January 3, 2017. London’s FTSE 100 reached a historic peak at 7,205.21 points in morning trade, extending a record run seen in the final week of 2016, before easing back from its highs. Daniel Leal | Afp | Getty Images LONDON […]
Read More
These stocks are likely to gain from the UK’s major budget announcement, analysts say
The U.K.’s new Labour government unveiled a debut budget plan that includes £40 billion ($51.8 billion) worth of tax rises and even bigger spending plans. Wall Street and City analysts have identified several stocks that could benefit from the measures announced Wednesday. Investment banks also suggested that stocks that had dipped ahead of the budget […]
Read More
Oil giant Shell posts $6 billion profit beat, launches new share buyback program
The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024. Matt Cardy | Getty Images News | Getty Images British oil giant Shell on Thursday posted a small year-on-year drop to a stronger-than-expected third-quarter profit, partly owing to a sharp drop in crude prices and to lower […]
Read More